The buyer will "welcome Vaughan employees into the Reser's family," chief executive Mark Reser said in a written statement. He declined calls for comment Friday.

Vaughan products, which include fresh produce, soups and salads, will remain under its brand name. It employs 540 workers, mostly in its Moore, Okla., and Fort Worth, Texas, processing facilities. Its chief operating officer, Mark Vaughan, said he doesn’t expect that level to dip.

“Vaughan foods is in a fresher space than Reser’s,” he said, noting the latter doesn’t sell fresh fruits and vegetables. “It really is a win-win deal.”